Market Trends of Russia Food Preservatives Industry
This section covers the major market trends shaping the Russia Food Preservatives Market according to our research experts:
Natural Preservatives Poised to Achieve Significant Growth Rate
The natural food preservatives market is driven by changing consumer preferences toward food and beverages in Russia. An increase in demand for convenience products has led to an increase in the demand for foods with longer shelf life, thus increasing the natural food preservatives demand. Companies are seeing this as an opportunity to innovate and provide solutions in the form of natural and clean label food preservatives such as salt, sugar, oil, honey, citric acid, vinegar, and others. Therefore, the growth of consumer interest in high-quality, natural, and environment-friendly ingredients is leading Russian manufacturers to gradually switch to using organic raw materials and more 'natural' food preservatives in the Russian market.
Rising Production Levels Of Processed Food and Beverages In Russia
The food processing sector has garnered special attention by the Russian Government in recent years which implements special supporting programs to improve the efficiency of enterprises, provides diversification of production, and improves the competitiveness of manufactured products. The output of processed foods has increased steadily which includes vegetable oil, meat products, poultry and offals, butter, pasta, sugar, cheese, and cottage cheese, vegetables, etc. Within the processed food and beverage segment, canned food items such as vegetables and mushroom preserves, semi-finished meat products, and ready-to-cook food items are propelling the demand for food preservatives in the country. Furthermore, Russia has witnessed significant growth in the retail sales of canned meat and poultry items over the last few years which has driven the food preservatives market in the country.
